With spot gold costs up virtually 20% to date this 12 months, Swiss gold exports to China, India and Turkey fell sharply month-on-month in June, whereas deliveries to Hong Kong rose, the information confirmed.
Gold costs hit a file excessive of $2,483.60 per ounce on Wednesday.
Swiss complete gold exports (in kgs)*
Export | |
June 2024 | 68,383 |
Might 2024 | 103,522 |
June 2023 | 117,574 |
Exports to key markets (in kgs)
To China | To Hong Kong | To India | To Turkey | |
June 2024 | 12,250 | 5,025 | 6,886 | 5,528 |
Might 2024 | 36,243 | 1,594 | 14,000 | 9,523 |
June 2023 | 30,991 | 7,396 | 23,369 | 12,984 |
(By Polina Devitt; Modifying by Peter Graff)